Bangladesh Bank reforms MPC

Move is part of IMF-promoted reforms as Bangladesh adopts interest-rate targeting

Dhaka, Bangladesh
Dhaka, Bangladesh

Bangladesh’s central bank has reformed its monetary policy committee, according to media reports. The new committee is part of a broader programme of reforms to monetary and foreign exchange policy supported by the International Monetary Fund (IMF).

Bangladesh Bank’s board of directors adopted the reforms at an October 22 meeting.

The reform introduces three external members to the now seven-member MPC. These include the head of a government policy research unit, the head of the University of

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